By  on December 10, 2018

Shares of Ascena Retail Group rallied Monday during after-hours trading after the company reported earnings beating Wall Street’s top-line expectations.

Comparable sales at the American retail group increased 3 percent during the first quarter of fiscal year 2019, or the period ending Nov. 3, 2018, to $1.59 billion, compared with $1.58 billion during the same period last year.

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